Taxable social security benefits, traditional ira deductions, and the tuition and fees deduction are recomputed in a nol carryback year because they are:

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Social Studies

Cody Blankenship

10 April, 13:47

Taxable social security benefits, traditional ira deductions, and the tuition and fees deduction are recomputed in a nol carryback year because they are:

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Alfredo · Answer 1

Based on the question above, the IRS publication has provided explanations and standards in regards of things stated above, to answer the question, the correct answer is a, based on or limited by a percentage of AGI. This is the reason as to why they are being recomputed in a NOL carryback year because of its limited percentage.